Crystal Enterprises Limited

Crystal Enterprises Ltd, based in Oldham, UK, is a small, family business with an active status. Founded 14 years ago in 2011, it employs just two people and holds assets totaling £116,598. The company has a real address and is overseen by three directors and two owners. It boasts a stellar 5.0 Google rating based on eight reviews, and regularly imports machinery, boilers, and mechanical appliances – parts, with the last import operation made in May 2023.

The company’s core business involves the wholesale of hardware, plumbing, and heating equipment, as well as retail sales via mail order and internet industries. It's a modest operation, meeting two of three criteria to be considered small: turnover under £10.2 million, assets under £5.1 million, and fewer than 50 employees.

Looking at the financials, Crystal Enterprises Ltd shows some concerning trends. While current assets increased by 30% to £120,000, net assets only grew by 4.1% to £91,000. Bank borrowings decreased by 17% to £3,300, and cash reserves fell by 63% to £1,300. Creditors increased significantly by 320% to £32,000, which could indicate increased reliance on credit. The company’s equity, however, grew by 4.1% to £91,000. With no auditor mentioned, the figures are unaudited.

Overall, Crystal Enterprises Ltd appears to be a stable, family-run business, but the increase in creditors and decrease in cash reserves suggests it's burning through money. The company’s small size allows for agility, but the financial pressures need to be monitored.

Registered in England/Wales under the registration number 07590185, with a registered address at OL9 9HU, Oldham, Lancashire, Hamilton Lodge 58 Queens Road, Chadderton.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.